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LUNC Token Nosedives to a 30-Day Low as Market Eyes Token Burn

Published 10/10/2023, 11:03
Updated 10/10/2023, 11:15
LUNC Token Nosedives to a 30-Day Low as Market Eyes Token Burn
LUNAt/USD
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Coin Edition -

  • With a 90% token burn projection, LUNC faces bearish pressure as the price dips.
  • Rising trading volume indicates investor interest in LUNC despite the market drop.
  • LUNC prices might be reversing despite bearish pressure at lower levels and a rising RSI.

Bears have dominated the Terra Classic (LUNC) market in the past 24 hours, lowering the price from an intra-day high of $0.00005797 to a 30-day low of $0.00005525. This negative trend shows that market bears are exerting significant selling pressure. At press time, LUNC was valued at $0.00005616, representing a 3.23% drop from its 24-hour high.

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